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The past two decades has been an era of strategic sounding slogans. Many companies have been led by "contract managers" who have often sacrificed the organization's future for their own short term profits. Many have been found guilty of dishonesty and "cooking the books" to enable them and their associates to get unjustified rewards.
The basic premise of this book is that there is no one leader for all seasons, situations and times and there is a need to select and support the right leader for the right time and the right strategy. It identifies the "core competencies" of all leaders and then shows how different type of strategies require different type of leaders, staff, operating professionals as well as reward and measurement systems.
Leaders need to reflect the organizations place in its life cycle and the organization's "strategic drivers and differentiators".
Four type of leaders are discussed:
The selecting of the right leaders takes more than matching the life cycle or an organization. It requires matching the leader with the customer, the competitive situation, the investors, government and community. Once the leader is selected, the book, highlights what type of supporting people and organizational structures are required to make it all work.
In short, Risktaker, Caretaker, Surgeon, Undertaker provided the guidelines needed to assure that the right leader fits the organizations needs. It is a "must" for all Board members and individuals responsible for the selection of leaders, both at the corporate, business unit, segment and product line levels of an organization.
Rothschild describes the talents required by each type of leader. These include their ability to innovate, solve complex problems, create long term infrastructures and production.
For each type of leader, Rothschild describes the most appropriate strategy, strategic team, leadership characteristics, organization and measurement systems.
The book is vital to do an effective staffing and succession planning.
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